We are living in a moment in American history where we have more income and wealth inequality than we've ever had. You got one guy, Mr. Musk, owning more wealth, for example, than the bottom 52% of American households. You have more concentration of ownership than we've ever had. What does it mean? These guys are not dummies. And if they are investing many, many hundreds of billions of dollars in these technologies, yes, I think we can assume they're doing it for the money. (31:35–31:39)
CLAIM
Asserts that the concentration of ownership in the U.S. is at an all-time high.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
